The typical owner-occupied home in Slayden is worth about $275,000, 4% below the Tennessee median of $286,700 and 17% below the national median of $332,700. Owners pay a median $1,222 a year in property taxes, about 0.44% of their home's value, lower than the Tennessee rate of 0.50%. 77% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Slayden at a glance
| Slayden | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $275,000 | $286,700 | $332,700 |
| Median property tax paid per year | $1,222 | $1,442 | $3,119 |
| Property tax as a share of value | 0.44% | 0.50% | 0.94% |
| Median household income | – | $69,595 | $80,734 |
| Homes lived in by their owners | 77% | 67% | 65% |
| Owner homes with a mortgage | 39% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,125 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 23.8% | 19.6% | 21.0% |
| Median rent | $591 | $1,189 | $1,413 |
| Rent as a share of renters' income | 27.3% | 29.5% | 30.6% |
| Median year homes were built | 1994 | 1987 | 1980 |
| Vacant homes | 8.4% | 10.2% | 10.1% |
| Population | 189 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Slayden
At this week's average 30-year rate of 7.11%, buying the median Slayden home of $275,000 with 20% down costs about $1,695 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,153, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $72,659 for the 20%-down payment.
The median rent here is $591 a month, so owning the median home costs about $1,104 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $55,000 |
|---|---|
| Loan amount | $220,000 |
| Principal and interest | $1,480 |
| Property taxes (0.44% a year) | $101 |
| Homeowners insurance (our estimate, 0.5% a year) | $115 |
| PMI | $0 |
| Total per month | $1,695 |
Change the numbers in the calculator
| Down payment | $9,625 |
|---|---|
| Loan amount | $270,019 |
| Principal and interest | $1,816 |
| Property taxes (0.44% a year) | $101 |
| Homeowners insurance (our estimate, 0.5% a year) | $115 |
| FHA mortgage insurance | $122 |
| Total per month | $2,153 |
Change the numbers in the calculator
Questions about home buying in Slayden
What is the median home value in Slayden?
About $275,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Slayden?
Homeowners pay a median $1,222 a year, which is about 0.44% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Slayden?
For the median home with 20% down at 7.11%, the payment is about $1,695 a month. Keeping that under 28% of gross income takes about $72,659 a year.
More about Slayden
- Mortgage Refinance in Slayden
- Debt Relief in Slayden
- Home Equity Loans in Slayden
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data